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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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SSA bought the Urbana site in late August 2011. The property is part of the Urbana Corporate Center, a large campus that also is home to a 60,000-square-foot data center servicing Fannie Mae, a provider of housing loans to low-income Americans. Population (2011 Est.): 5,828,289. GDP (All Industry 2011): $301.1

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STATE FOCUS: Florida – Let The Sun Shine

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Southwest view of the Fort Lauderdale International Airport. Since taking office in 2011, Governor Scott has moved aggressively to cut business taxes and costs, pay down debt and streamline the regulatory environment. Less Taxing” since there is no state income tax. Photo: Greater Fort Lauderdale Alliance.).

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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Oklahoma Incentives and Workforce Development Guide

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Debt issued from the Economic Development Pool may be paid from withholdings taxes, and other revenue, at the for-profit entity benefitted by the financing. For debt obligations issued under this act, there is a maximum maturity of 25 years and a maximum coupon rate of 14%. Tax Increment Financing and local incentives vary by location.

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Cover Story: Global Biotech Report

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Luxembourg’s air freight hub has been reinforced with the opening of LuxairCARGO‘s new dedicated Pharma & Healthcare Center at the capital‘s national airport. In 2011, 96 foreign companies invested in Hessen, in 2012, 77 came to Hessen. percent tax rate for patent income). 30 of these came from the United States.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

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The BOI offers corporate income tax holidays for up to eight years, import duty reductions or exemptions on machinery and raw materials, double deduction of public utility costs, and deductions for infrastructure construction and installation costs. Thailand also offers the second lowest corporate income tax rate, behind Singapore, in Asia.